NIFTY 50 - Ready for direction switch?NIFTY 50 30mins Chart. Seems to be maintaining the trend very well. If its true, may be a time to switch direction?
Niftyanalysis
NIFTY want get away from this channelNIFTY 30 min chart. If you notice, NIFTY is trying to break the pattern by not coming down enough (yellow line) to maintain the structure.
If it's not happening here, then there are more chances to follow the world market. Just for education purpose. Trade accordingly.
Possible move in NIfty & Bank nifty, Not an intraday Setup Friends,
here with i have shared view on possible move of nifty and bank nifty in coming days. we may see some more sessions of ups and down in both index,
Banknifty - Clearly in a bearish trend now but still if we move above 43k then trend may change.
Nifty Hourly Trade Plan for 22 Dec 2022Nifty Hourly Trade Plan for 22 Dec 2022
Hourly Trend - Down
Scenario 1 : Gap up
Action - Wait for Upper resistance levels to Short for the target of lower end of the channel
Scenario 2 : Gap Down
Action - Wait for lower support levels to buy for the target of mid range of the downward channel and Short again for the lower end of the channel
NSE:NIFTY Analysis/Prediction for tomorrow Expiry 22-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-UP Opening
🟢 Buy CE above 18290
✔️ Target Should be 18380
🔴 Buy PE below 18170
✔️ Target Should be 18100, 18000
For Gap-Down Opening (Above 18100)
🟢 Avoid CE
🔴 Buy PE Near 18230
✔️ Target Should be 18100, 18000
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Nifty levels for 22nd December 2022As expected Nifty fell from the neckline of the h&s pattern formed on the daily chart. Took 18500 Pe @75 and booked at 300+. Nifty can touch 1790p levels in coming days.
White lines are the pivot zone. Upside tgts are the green lines. Downside tgts are the red lines.
Nifty 50 for 22 December 2022#nifty50
1. Daily Chart
Opens with a slight gap
Did not sustain
Closed near day's low
Formed Bear Candle
Expectation for tomorrow
Gap down or flat opening
Sell on rise
Resistance @ 18400-18420
2. Hourly Chart
LL, LH structure.
Immediate resistance 18260 - 18300.
Sell on Rise
If we see a pull in the initial hour, watch for a sell signal near resistance.
There is a possibility that we might not see a pullback tomorrow,
Nifty Important levels and trade plan for Thursday, 22nd DecembeIn daily time frame Nifty is bearish after today’s fall forming an engulfing candle, and we may expect a continuation in current trend, but not too deep, unless there is no other external impact, and will depend purely on the tomorrow’s opening.
18477, 18385, 18315, 18238 will be the important levels of concern in upside, and 18162, 18115, 18061, 17981 will be the levels in downside. Tomorrow will avoid a directional trade between 18315 and 18238.
Now, if tomorrow, Nifty opens flat or slight gap up below 18238 we may expect the continuation of downtrend, may enter into bearish trade, with limited quantity up to 18162, and below 18162, can go with full quantity.
For upside move, we may enter into bullish trade above 18315, based on price action in 15-minute time frame. And accordingly, may expect reversal from 18385 or 18477.
Similarly, a reversal can be expected, from 18061 or 17981, and we may plan our trades, based on price action if Nifty reaches those levels tomorrow.
Though Oi data is negative but Nifty still has some breathing space in both directions, with considerable open interest present in 18300 to all upside levels and strong OI support at 18000 level.
So, in first half, if Nifty tries to move upside, then we may expect a strong resistance, so can expect a quick reversal, but if after opening, it started a downside move may expect the move to continue quite some distance.
**All support/resistance levels depend on PDH/PDL, breaking either side may change the levels plotted*
**Time of plotting the levels and planning 21st December, 9:25 PM**
***Personal opinion, not a trading advice***
Pin Point Predictions Of Nifty For 22-12-22Hello Traders.
This post marking levels Were posted yesterday to make your trading easy . What is going to happen on 22-12-22 can see below.
NIFTY 50 - 30min - Follow the trendNIFTY 50 pretty much stuck in parallel trend line.
I have 2 parallel trend lines that just summarise the so far the trend in the past few days. Waiting to see if it can break and sustain.
Trade accordingly.
Nifty Buying and Selling#NIFTY50
Nifty Buying = above 18355.
Nifty Selling = below 18260.
It's the analysis with paid atm machine indicator on hourly chart.
🌈 Advice: 1.) Take reversal trade near these levels, or
2.) Wait for Breakout and Sustainability.
📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels.
🙏🏻 Come to Learn, Go to Earn🙏🏻
✅ We are NISM Certified. ✅
☔If you find us useful, Please help the helpless near you.☔
☺Happy to Help.☺
@OhoTrading
NSE:NIFTY Analysis/Prediction for tomorrow 21-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat Opening
🟢 Buy CE near 18315
✔️ Target Should be 18415, 18500
🔴 Buy PE below 18300
✔️ Target Should be 18250, 18120
For Gap-Down Opening above 18330
Considered as Flat
For Gap-UP Opening Below 18430
🟢 Buy CE Near 18385
✔️ Target Should be 18500
🔴 Avoid PE
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NIFTY 50 - Can it break the channel?This is NIFTY 50 Chart maintaining it down channel. Waiting to see if it break and maintain or is it going to respecti the parallel downward channel?
NIFTY 50. Ready to switch side?Let's see how it can switch direction. Overall trend is down and a lot of pressure towards that trend. But technical bounce chances are good. For a very short terms though.
Be careful bulls !!The index is moving in LL pattern and the bounce could be a retracement of current bounce so be careful bulls and we can see a good correction in any moment of time till we are trading below 18700.
NSE:NIFTY Analysis/Prediction for tomorrow 20-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat (Below 18350)
🟢 Buy CE near 18385
✔️ Target Should be 18500, 18600
🔴 Buy PE below 18320
✔️ Target Should be 18270, 18130
For Gap-Down Opening
🟢 Buy CE Above 18420
✔️ Target Should be 18500
🔴 Buy PE below 18320
✔️ Target Should be 18270, 18130
For Gap-UP Opening
🟢 Buy CE Near 18420
✔️ Target Should be 18500, 18600
🔴 Buy PE below 18385
✔️ Target Should be 18325, 18270
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
19000 in JanuaryExcited??
January Expiry can end above 19000.
As you see in video 18100 to 18245 is our support zone.
Blue Trend line is continue going up.
At point A, Green Candle is happened...
At point B, Green Candle...
At Point C, Today, Greeeeeeeeennnnnnnnnn....
Why 18380 is historically critical for NIFTY50Look at all other instances of trending up-runs. During a 'pullback' what constitutes a 'pullback' and what is a 'change in trend'?
It's 0.236 of Fibonacci - you fall below it, you are bound to touch 0.5 at least, so any close below 18380 gives you 17800 as a target to start acquiring. No need to short if you are not confident, but you can book minor profits as your prepare for tax season.
Keep levels simple - keep one level 18380, dont complicate when not necessary!
Cheers
Homework - Draw Fibonacci for all NIFTY runs from 2017-2022, and see what happens when weekly closes below 0.236. How many times it goes to 0.5?
A. More than 70%
B. More than 80%
C. More than 90%
D. 100% of the times
NIFTY Trading inside new channelNIFTY good trades inside the parallel channel.
Using 30min chart. Pls check and trade accordingly
NSE:NIFTY Analysis/Prediction for tomorrow 19-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For Flat/Gap-UP Opening (Below 18350)
🟢 Avoid CE
🔴 Buy PE near 18350 or below 18250
✔️ Target Should be 18140
For Gap-Down Opening (Above 18150)
🟢 Buy CE Above 18270
✔️ Target Should be 18350
🔴 Buy PE near 18255
✔️ Target Should be 18140, 18000
Important Notes:
🚨 Gap-UP & Gap-Down more than 100 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 60 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer:
I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NIFTY : SWING ANALYSIS This is our analysis for the upcoming week from 19th December
Nifty may bounce back in first few session for up to 18530,
Sell on rise is advisable keeping 18585 as stop loss
Potential down side target 18100-18020
This analysis is only for the educational purpose and should not be considered as a recommendation. There are many different factors to consider when making investment decisions, and this post does not take into account all of those factors. This post is not intended to be investment advice, and you should always consult with a financial advisor before making any investment decisions.
NIFTY 50 15MIN TF-ANALYSIS (DEC 19)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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NIFTY 50
Daily : Nifty 50 is in uptrend.
15 min : It has made Descending channel and currently at support level.
*Wait and see how price reacts near support level then find opportunity.
THANK YOU !!!!
My views in Nifty 50 Monday 19-Dec-2022Disclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions. Tweets neither advice nor endorsement.
